Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1959
Sq.Footage
N/A
This exceptional commercial property, was originally built by HRB in the late 1950's and early 1960's. This complex comprises four interconnected buildings, designed by Hajjar Architecture and sits on two parcels totaling 15.77+/- acres, providing ample parking for employees and visitors. The acreage includes over 4 acres of land for future development, that includes an already in-place Easement Agreement that permits the construction of a paved road to tie in the existing parking lot at 301 Science Park Road, to the traffic light at 225 Science Park Rd. The current owners undertook extensive renovations beginning in 2010, stripping the interior down to it's concrete, brick, and steel structural elements. The comprehensive rebuild incorporated modern building standards throughout, including new insulation, windows, electrical systems, HVAC, and select façade updates. Recent capital improvements include a newly installed fire alarm system, two replacement elevators, upgraded rubber roofing, and parking lot resurfacing. With fourteen established tenants, this investment property offers built-in diversification to help ensure income stability during vacancy periods.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Heat Pump, Electric
-
Heating YN
YES
-
Heating
Electric, Heat Pump
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Concrete
-
Parking
Paved, Parking Lot
-
Pool
No
-
Waterfront YN
NO
-
View
Mountain(s)
Area & Lot
-
Lot Size(acres)
15.77
-
Property Type
Commercial Sale
-
Property Sub Type
Office
Price
-
Sales Price
$13,000,000
-
Tax Amount
110350.0
-
Zoning
Light Industry, Research & Development with Corridor Overlay
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
STATE COLLEGE AREA
Property Features
-
Sewer
Private Sewer
-
Water Source
Public
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Location
County
CENTRE
Elementary School
Middle School
High School
STATE COLLEGE AREA
Listing Courtesy of David Fonash , Continental Real Estate Management
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AGENT
Brittany Reaver
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